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Showing 121 - 140 of 795
Blog City Budget

Reduction in Uniformed Overtime Is Still Needed

July 12, 2018
Without workrule changes the City’s uniformed overtime caps are unlikely to be successful. In fact, several agencis have already exceeded their FY 2018 caps.
Blog Public Workforce

The Cost of a Growing City Workforce

July 10, 2018
NYC’s municipal workforce is projected to reach a record 331,520 employees by the end of fiscal year 2019. Headcount expansion has a significant impact on the City’s budget and long-term financial position.
Blog State Budget

Reallocate Settlement Payments to Boost Rainy Day Funds

July 09, 2018
NYS has wom more than $11 billion in litigation settlements since FY 2014-2015. The spending of some of the settlement funds have more merit than others, but one major shortcoming is that none of the funds were allocated to boosting reserves.
Letter Capital Spending

City Should Evaluate Project Labor Agreements

July 05, 2018
With the Capital Commitment Plan now topping $82 billion, it is more important than ever to find ways to reduce costs and speed up project delivery.
Report Housing

Stabilizing the Foundation

July 03, 2018
Rather than continue as the nation’s largest landlord, NYCHA should transition to an affordable housing steward employing a full range of strategies to preserve the affordability of its units.
Podcast episode City Budget

Episode 45: Marisa Lago, Director of the Department of City Planning

June 29, 2018
75% is the share of jobs gained since the recession in the NYC metropolitan region that were created in New York City, a datapoint revealed in a forthcoming report from the Department of City Planning. Marisa Lago, Director of the Department and Chair of the City Planning Commission, joined CBC to discuss some of the report's findings as well as neighborhood revitalization, housing affordability, and resiliency and sustainability.
Blog City Budget

NYC Adopted Budget Falls Short

June 26, 2018
On June 14, 2018 the New York City Council adopted the Fiscal Year 2019 Budget. Given strong economic growth and some higher than expected tax revenue generated by federal tax reform, the ample resources allowed Mayor Bill de Blasio and the Council to come to a deal quickly.
Report Economic Development

Economic Development Scorecard

June 22, 2018
91 bills active in this session would create and expand economic development programs. Until reform is enacted, these bills should be halted.
Podcast episode City Budget

Episode 44: $225 million, with NYC Comptroller Scott Stringer

June 21, 2018
$225 billion is the total amount added to reserves and the retiree health benefits trust fund in the recently adopted budget. In contrast, the City added more than $2 billion in new spending, far outpacing what was set aside. NYC Comptroller Scott Stringer joined the podcast to discuss the adequacy of the City's reserves, agency spending, and other issues
Op Ed Pensions & Benefits

Pension sweeteners a bitter prospect for New York City

June 15, 2018
The City Council adopted a budget for fiscal year 2019 that totals almost $90 billion. Almost $10 billion will be devoted to pensions for public employees, and the amount is projected to grow. And yet, for some, this is not enough.
Blog Education

Absent Teacher Reserve Costs $136 Million and Needs Reform

June 14, 2018
Teachers in the Absentee Teacher Reserve (ATR) will cost the City $136 million in this school year. The City should pursue reforms to the ATR, such as a 6-month time limit, in upcoming labor negotiations with the UFT.
Podcast episode City Budget

Episode 43: 2020, with Deputy Mayor Phil Thompson

June 07, 2018
2020 is the year of the next Census, a national survey that determines the number of seats each state is allocated in the House of Representatives, and informs policy and funding decisions at all levels of government. Phil Thompson, Deputy Mayor for Strategic Policy Initiatives, is in charge of coordinating the City's public outreach in the months leading up to the Census. The Deputy Mayor joined the podcast to discuss the importance of Census outreach and the many other initiatives he is spearheading.
Blog Pensions & Benefits

Bitter Truth

June 06, 2018
To date the New York State Legislature has introduced 138 bills in this session that enhance the benefits of state and local public employees. How much these bills could cost taxpayers is unknown.